The Election Basar 2016
November is just few months away. Two top candidates are getting busier with their campaigns. Election market is very hot at the moment. It’s all about going into the Oval Office. (more…)
Tag Archives: obama administration
USGS Releases U.S. Oil & Gas Reserve Growth Estimates
WASHINGTON – The U.S. Geological Survey (USGS) has released a new estimate for potential additions to domestic oil and gas reserves from reserve growth in discovered, conventional accumulations in the United States. The USGS estimates that the mean potential undiscovered, conventional reserve additions for the United States total 32 billion barrels (bb) of oil, 291 trillion cubic feet (tcf) of natural gas, and 10 bb of natural gas liquids, constituting about 10 percent of the overall U.S. oil and gas endowment.
“As part of the Obama Administration’s all-of-the-above energy strategy, we are taking aggressive steps to safely and responsibly expand domestic energy production,” said Interior Secretary Ken Salazar. “USGS’s ongoing work to identify and estimate U.S. energy supplies – and to make that information available to everyone – is fundamental to our efforts to continue to grow America’s energy economy.” (more…)
‘Nightmare’ Economy Still a Source of Restless Nights, says Krugman
Paul Krugman. Image credit: Yale University
Nobel Prize-winning economist and New York Times columnist Paul Krugman had some generally dismal news for the near capacity audience that came to Sprague Hall on Tuesday for his Jackson Institute-sponsored town hall meeting.
The gathering, aimed at undergraduates, was held in conjunction with Krugman’s visit to Yale to receive the Henry E. Howland Memorial Prize, one of the highest honors that the University bestows.
Krugman was introduced by President Richard C. Levin; the two were briefly colleagues in Yale’s Department of Economics in the 1970s. He kicked off the Q&A with background on the current economic situation. (more…)